Property Details for 426/2 Martin St, Ballina
426/2 Martin St, Ballina is a 2 bedroom, 1 bathroom Unit with 1 parking spaces.
Last Listing description (February 2021)
Situated in Ballina's coveted 'Ramada Hotel', this poolside suite is perfectly suited to those seeking a riverside holiday home with added rental income. With a host of resort-style amenities close to town and the beach, it's the perfect place to enjoy a stay in the beautiful Northern Rivers.
- Spacious self-contained poolside apartment with air conditioning
- Open plan layout with a perfect northerly aspect
- Master bedroom with ensuite and built-in robe flows to balcony
- Tiled alfresco dining area perfect for entertaining; lovely pool views
- Complex includes secure basement parking, resort-style pool and gym
- Professionally managed suite in four star hotel, easy investment
- Great lock-up and leave holiday apartment with solid rental returns
- In town position with popular bar and restaurants within complex
- Walk to River Street cafes, riverside cycle ways connect to the beach
Property History for 426/2 Martin St, Ballina, NSW 2478
- 03 Dec 2020Listed for Sale $360,000 - $395,000
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0About Ballina 2478
The size of Ballina is approximately 21.5 square kilometres. It has 21 parks covering nearly 29.4% of total area. The population of Ballina in 2011 was 7,874 people. By 2016 the population was 8,655 showing a population growth of 9.9% in the area during that time. The predominant age group in Ballina is 60-69 years. Households in Ballina are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ballina work in a trades occupation. In 2011, 49.4% of the homes in Ballina were owner-occupied compared with 51.3% in 2016.
Ballina has 6,851 properties. Over the last 5 years, Houses in Ballina have seen a 53.79% increase in median value, while Units have seen a 49.50% increase. As at 30 September 2024:
- The median value for Houses in Ballina is $896,109 while the median value for Units is $705,617.
- Houses have a median rent of $675 while Units have a median rent of $500.
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